a packed arena in orlando, florida, touting the strength of the u.s. economy. >> our economy is the envy of the world, perhaps the greatest economy we've had in the history of our country. maria: more from his big rally last night, we've got a lot coming up on that, stay with us on that, cvs and viacomm, look t what the deal can mean. instagram post that's causing a lot of buzz in sports today, mornings with maria begins right now. maria: would you make a knew before you knew the federal reserve's intention, that's what the investment is doing this morning, waiting and watching, key interest rate decision at 2:00 p.m. eastern today, yesterday president trump commented on head of central bank jay powell indicating a potential demotion. watch this. >> let's see what he does. i can tell you that droghi is the eu, they have a much different stance that our folks do. as you know, he did something today that was very dramatic and frankly helped that part of the world, we will see what happens, they will be making announcement pretty soon, we will see what happens, i want to be giving a level playing field and so far i haven't been. maria: let's parse those words right now, joining know talk more about global economic's editor jon hilsenrath and nelson, gentlemen, great to see you both. >> great to be here, maria. >> thanks for having us. maria: john, let me kick it off with you, yesterday was mario droghi indicating we will have more stimulus and we are waiting for the federal reserve and across the board expectation thats that we see rate cut, how do we point this out? >> i think what mario droghi is very important and has implications, mario droghi and powell talk routinely since the financial crisis. he is -- isn't announcing in a vacuum. i'm not saying they coordinated actions, but they are aware of what the other guy is doing and i think that indicates a pretty doveish fed coming out of the meeting, there's questions if they could cut rates today or later in july, but i think it's a pretty strong signal that we got from mario droghi that the fed is going to be just as doveish as mario droghi was yesterday. maria: i mean, look, almost instantaneously when droghi spoke, the euro move. the journal is out with op-ed this morning, i want to get your take, it's titled the trump tweet and the droghi euro, mr. trump is right that the euro zone has attempted devaluation as substitute for hard reforms, but he's wrong to think it's work forking europe and also wrong to think it's work forking the united states, jon, tell me what you think is behind the president's tweet and why he was so upset that droghi indicated a stimulus is on the way and move to euro? >> let me make one distinction, what you quoted was a journal editorial, you know, editorial page, they have their own views, i don't represent that. i just want to make that clear. you know, i think the president, there's two things going on here, one is he's very focused on currencies, you know, he's concerned that the chinese and the europeans are weakening their currencies to make their exports stronger and the only way to respond to that is for the fed to cut rates in order to try to weaken the u.s. currency too, you know, i think he might have a point that the dollar has been getting a little bit stronger, it was actually stronger a couple of years ago but he might have a point there, i don't think that -- that what he says about the fed is necessarily helpful to jay powell, it doesn't make it easier for powell to do what he wants jay powell to do because powell doesn't want to look like he's responding politically to the president, so every time he tells the fed what to do, makes it harder for the fed to do it. maria: yeah, no, i understand that, david, what's your reaction and how this impacts market say the rest of the year? >> look, i think the president has been frustrated. he thinks the federal reserve made a mistake last year and frankly he isn't wrong, clearly last year was policy mistake on a lot of levels, they slammed on the brakes, progrowth agenda, the good news is that jay got the memo, the bad news is that the market is largely priced that in and right now our yield curve, almost demands cut, the pmi data around the world suggests that other parts of the world and ultimately they are our customers with 40% of s&p 500 revenue residing offshore it's bad news for a lot of s&p 500 companies that do a lot of business overseas. >> you know, one of the reasons and i've said this before that i think this market has held up even in the face of the uncertainty over democrats talking about impeachment and even the uncertainty of usmca it's because markets know that this president is focused on the economy and on the stock market and i feel like investors even though there's uncertainty out there, they think he will not allow to get this off track, you had a rally year yesterday and even when you had uncertainties you don't see this kind of selling given uncertainties perhaps no talks with china, do you agree with that, david? >> yes, i mean, t pretty clear that this president is focused on the economy and he's certainly focused on markets, i think the tough part is getting a structural deal with china that meets all the structural concerns, cybersecurity, ip theft and state-run economy that defies conventional norms. maria: would you be putting new money to work today given the bottom rates? >> any security analysis starts with risk-free rate, that's good for stocks. maria: all right, we will leave it there, jon, you're sticking around. a lot of questions for you and i want to talk to you this morning about what to expect next and -- and to navigate the fed meeting, david, great to see you, thank you so much for your insight this morning, be sure to tune to fox business at 2:00 p.m. eastern, live coverage for central bank interest rate decision and what joy powell says in the press conference, all eyes on powell to get any hints of whether or not he is in fact, going to move and lower interest rates at some point later this year, cbs and viacomm talking about getting back together, lauren simonetti on headlines, lauren. lauren: good morning, maria, charlie gasparino reported that said to be discussing again, mothering erg 13 years after breaking up but several stumble blocks remain including settling on price for stock transaction and selecting a leadership team, nice and and renault are close to resolving a dispute about nissan corporate governance, shareholders are meeting next week, renault threatening to abstain from voting. nissan is looking for more ib -- independence. black stone ceo giving oxford university $188 million, massive donation for a new institute that would study ethical implications of artificial intelligence and computer technologies, ethics and ai, one of the biggest issues basing our age, maria, as we all know. maria: for sure, that's on top of the money that he's given to mit, don't forget that, he's given them 350 million for the same reasons, ai, we will talk about that this morning, thank you so much. lauren in new york, we are going to talk with steve on that donation, president trump on the trail, the president rolls out 2020 bid in florida last night ahead of big meeting with china in g20, highlights, he's up to now, what he's saying about instagram post that's causing quite a buzz this morning, back in a moment. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. maria: president trump formerly kicks off campaign last night in florida, talked a lot about strong economy, watch this. >> hour economy is the envy of the world perhaps the greatest economy we've had in the history of the country and as long as you keep the team in place, we have tremendous way to go, our future has never looked sharper, the american dream is back, it's better, stronger than ever before since the election we have created 6 million new jobs already. unemployment rate the lowest rate it's been in over 51 years, together we are breaking the most sacred rule in washington politics, we are keeping our promises to the american people and today right now as we speak, almost 160 million people are working, that's more than ever before. it's the first time ever, the number of people is almost 160 million and we will be breaking that number soon. maria: joining me ceo of nbc partners, former senior adviser to the clintons managing partner mark penn, mark, great to see you. a little bit -- it is about the economy, isn't it? you helped bill clinton with his reelection campaign and it was about the economy, he went from what in 30's, -- >> clinton was worst than president trump and, yes, it was about the economy and i think that the president -- look, always great to start your reelection with raucous huge crowd in florida but he has to go a lot to go in terms of outlining an agenda for the future. maria: he has a great story to tell, look at where we are in the economy, look at the 6 million jobs that he mentioned, so what does he need to do in your view to continue that momentum? >> well, when you're a challenger you run on your resume, when you're an incumbent you run on your record, he will have to make that record to the americans and that's about the economy, but, 62% approve of his job and the economy, last harvard poll, 32 like him personally, that's what we call brand drag and he needs to close the gap if he's going to be successful. maria: he likes to talk about a lot of things and yet he's got the one incredible story of the economy but he doesn't stick to that message all of the time. >> well, because he has a lot going on. a lot of concern about relations with iran, relations with china, they don't like iran on china, if he's successful in those two effort that is will transform presidency, one-trick pony, no one thought possible. maria: let's talk about 2020 rivals, they are taking a shot at, vermont senator, bernie sanders writing on twitter, trump is living in parallel universe he writes, he's way out of touch with ordinary people he must be defeated. former vice president joe biden writes this, let's be clear, president trump inherited a growing economy from the obama-biden administration, now he's in the process of scaunderring -- squandering it. he's been raising enormous amounts of money, i don't know that you could say that the president inherited this, however, i mean, let's be honest, when we had the biden-obama economy, under 2% growth. >> well, look, when it comes to the economy now it's a long enough sustained period of growth that the credit is going to trump and to try to say that to voters is a nonstarter, the question and when biden came out, he ran on values and he's going run a campaign mostly based on values but if the economy continues to be this strong, hard to defeat someone with that unless the president stays far field on values and hope democrats will be too far to the left which biden starts out in the middle. maria: bernie sanders is a self-proclaimed socialist and says trump is not in step with ordinary people, i don't know, i feel like the president's base is ordinary people. >> yes. >> that's who his base is. >> for bernie sanders to say that, bernie sanders is more out of touch and left twers -- can joe biden or bernie sanders taking the working class back, i think it's a much harder job for bernie sanders. maria: are those the two that you think are most formable biden? >> kamala harris and elizabeth warren is challenging bernie sanders right now h. maria: she's doing better than i thought. >> mayor pete could be the surprise coming out of iowa, right now i put it in around those candidates and we could have a brokered convention, highly likely that no one will win a majority. maria: brokered convention on the dem's side means what, two separate conventions? >> you could have biden as presidential candidate, kamala harris vice president, unless biden does knockout punch. maria: keeping low profile and able to raise all the money, amazing, actually. >> 23 candidates and 22 gunning the front runner and being front runner is hard place to be. maria: we always appreciate your insight so much, mark penn joining us there, come here, drive before you buy, youtube's virtual make-up, changing the cosmetic's industry, then get out of the water, great white shark makes fishermen jump off the coast coming up. truecar is great for finding new cars. you're smart, you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. maria: welcome back headlines across america this morning, san francisco chronical, san francisco has move today ban e-cigarettes, backup plan, nation's largest e-cigarette company challenging legislation, the bill still requires final approval. if passed goes into effect 7 months after signed by the mayor, bans the sale of all e-cigarettes in san francisco brick and mortar stores, stops deliveries to online orders to san francisco addresses, kellogg cutting 150 jobs, kellogg cutting 150 salary jobs, selling famous amos cookie brands as well as fruit snack pies and ice cream business. price tag $1.3 billion and press, huge great white shark surprises new jersey fishermen right out of a movie, unveited guest interrupts fishermen and the great white apparently right up to the boat, grabbing a bag of fish bait, the fishermen say shark 18 feet long, possibly weighing 2,000 pounds. oh, my god, joining us from new york, fox business cheryl casone, cheryl, you mentioned this yesterday, just yesterday, you said there's more sharks in the hamptons and now this. cheryl: you have the hawaii attacks, in north carolina alone last year only 3 shark attacks in total and not to make light of this, crazy video but the animals are really encroaching on frankly, maria, summer vacation plans, so not to make a joke, but come on, they're in the hamptons, long island, sharks are trying to get on the action looks like. how about the sale of e-cigarettes, i wonder if san francisco move sparks others. cheryl: i think that's coming to many states, the e-cigarettes are dangerous and teenagers that are smoking them and kids, they will go soon. maria: yeah, yeah, we -- jon, we have a lot of comments coming from you because we have an important meeting today federal reserve and, of course, we heard from droghi yesterday. >> jay powell is now the shark bait for donald trump. [laughter] maria: good one, all right, quick break and then border crisis, president trump's new push for deportations now facing obstacles, beefing up same-day delivery, details right after this in a moment. deductible, you can... ♪ ♪ earn $100... ♪ earn $100 off... ♪ off your deductible. ♪ deductible. ♪ for every year of safe driving. ♪ ♪ for every-- for every-- ♪ ♪ for every year of safe driving. ♪ what are you-- what key are you in? "e." no, no, go to "g." "g" will be too high. not for me. ♪ vanishing deductible. oh, gosh. sweet, sweet. instate-of-the-artn technology makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $359/month for 36 months. experience amazing at your lexus dealer. going back to the doctor just for a shot. with neulasta onpro... ...patients get their day back... ...to be with... ... family... ...or just to sleep in. strong chemo can put you at risk of serious infection. in a key study... ...neulasta reduced the risk of infection from 17%... ...to 1%... ...a 94% decrease. neulasta onpro is designed to deliver... ...neulasta the day after chemo... ...and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome... ...have occurred. report abdominal or shoulder tip pain, trouble breathing... ... or allergic reactions to your doctor right away in patients with sickle cell disorders, serious, sometimes... ...fatal crises can occur. the most common side effect... is bone and muscle ache. ask your doctor... ...about neulasta onpro. pay no more than $5 per dose with copay card. ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. >> here again maria bartiromo with special edition of mornings with maria, live from france in 2019cannes. >> welcome bark, good wednesday morning, thank you so much for joining us from cannes, it is wednesday june 19th, your stop stories right now 6:31 a.m. on the east coast, we are waiting on the federal reserve today, that would be the lead story on markets, investors wait on the central bank's decision, will they signal that they will be cutting interest rates, well, they actually cut interest rates, president trump says he'll wait to go see what fed chair powell does before making call on whether to possibly demote him, fox business will have full coverage of the decision today at 2:00 p.m. eastern, fed chairman powell news conference, join us for special coverage this afternoon of the interest rate decision and commentary, meanwhile 2020 race is on, president trump kicking off reelection bid last night before a packed arena in florida, bringing up the russia investigation as well, watch this. >> it was all and illegal attempt, subvert our democracy, remember, the insurance policy in case hillary clinton lost, remember the insurance policy. maria: more from big rally coming up this morning, market this is morning ahead of fed decision, investors don't want to make wrong move waiting to hear what he has to say about economy and whether things are expected to weaken and require interest rate cut or will they cut interest rates to stimulate inflation, this morning we are looking at futures with firmer tone but fractionally dow futures, this on top of huge rally yesterday. he had spoken with president xi of china and the two will in fact, be meeting at g20 in june. yesterday the market was up 353 points on the dow, 108 points on the nasdaq, better than 1%, in europe this morning different story, rally in europe yesterday in heels of mario droghi saying similar sentiment that stimulus is on the way, mario droghi made complete reversal saying could include rate cut, markets up yesterday, ftse 100 down 18 points, dax index in germany sup almost 10 points, in asia overnight green across the board, news between talks between china and u.s. are resuming. hang seng and hong kong up 2 and a half percent. shanghai composite was up 1%. augmented reality, find out how the technology will allow consumers to virtually try on make-up. brett favre is he making comeback again, what the hall of famer is saying with instagram post that this morning is causing such a buzz in sports world. all the stories coming up right here, but first, crisis at the border, president trump speaking out ahead of florida rally yesterday on when ice will roll out its plan for deporting illegal immigrants, watch this. >> they are going to start next week and when people come into the country and they come illegally, they have to go out and everybody is seeing that and as you know méxico has been doing a very good job the last 4 days, they haven't done that in 25 years, guatemala like wise much different than it was in the past administrations, the democrats get together and solve the asylum problem which is very easy to solve and they solve loopholes. maria: joining me right now fox senior judicial analyst judge andrew napolitano weighing on that, judge, good to see you. >> i wish i was joining there but i'm here. [laughter] maria: yes, me too, your reaction to all of this? >> i believe that what the president is talking about is deportation as to whom orders deportation of an issue and they have evaded the order, they have no due process rights, they already have the trial, the trial judge ordered them deported, they filed appeal and lost appeal and then they disappeared, those are people that isis determined to find, they are not entitled to another trial even though this would be disrupt i have to families and disrupt i have to businesses, ice will find these folks if i understand the president correctly and deport them which under the law the government may do. if they're talking about deporting people as to whom there's not been hearing would be breaking some laws because those folks are entitled to hearing, but i'm pretty sure he's talking about people who i just described, lost hearing and they disappeared. maria: one of the issues and i was told by border patrol agents when i went to border agents a month and a half ago people cross border and given a hearing date but they never come back. next catalyst for several years. was so overwhelmed, we can't have a hearing for 8 years, likely they will not come back. >> correct. the president addressed that by condemning policy of catch and release. it's not even his phrase, it's obama's phrase of catch and release. initially when they came to the united states claiming asylum under obama administration, they released and never came back, part of general population, that's not what he's talking about, those people do not have order of deportations an entitled to hearings whether they showed up or not and the president is talking about people who came here legally, overstayed visas, found by ice, had hearing, ordered deported, filed an appeal and lost appeal and then people have been here for 10 and 20 years but he is within his rights to dispatch ice to deport them so long as they have those hearings, the hearings that you were talking about at the border are people not knocking on the door and say i'm a refugee, let me in. maria: exactly, two different issues there. >> right. maria: to talk about what he's doing like the border crisis, like the economy, the president is talking about investigating the investigators, the fisa brought up the mueller report, he brought up the spying and the informants that were thrown at his team in 2016 -- >> right. maria: watch this, judge. >> with the mueller report and now they want a do-over, they want a do-over, let's do it again, no president should ever have to go through this again, it is so bad for our great country, the only collusion was committed by the democrats, the fake and their operatives and the people who funded the phoney dossier, crooked hillary clinton and the dnc. 1.4 million pages of documents, 500 search warrants, 500 witnesses. 2,800 subpoenas and 40 fbi agents working round the clock, what did they come off with, no collusion. maria: we know that to be true, judge, you know how i feel about this because i've been from the get-go in 2016 selections, spying on him, trying to put the finger on the scale, the small cabal of people at the doj, i don't know why everybody hasn't agreed on either side of the aisle that you don't want that kind of fraud taking place in our democracy. sounds to me that everybody is not in alignment because it's trump and they hate it's okay to throw away our values. >> you put your finger on it beautifully, maria, some well this could happen to democratic president, i hope it doesn't. on that i agree with president trump, will the democrats react to differently when it's one of their own but there are many investigations still going on, some of which the president is happy about the principal one of which united states attorney for the district of connecticut, he and his team are investigating the origins of the efforts to either prevent donald trump from becoming a president or styming presidency. when the president last night was talking about insurance policy, he's referring to tweet between fbi agents, we need insurance policy, fill in blanks in case donald trump, go back to pretrump presidency and the origins of the fisa initiated investigation of him. question is will all of this come out because i believe in much of this you'll find shenanigans by the intelligence community foreign and domestic as well as the fbi, the question is does the president want to reveal that. maria: well, that's the thing and i think william barr is onto it and i do think it's going to come out. william barr to me sounds like a straight shooter and honest broker and he will get to the bottom of it. >> nothing standing in his way and he has president want to go to get to the bottom. maria: thanks so much. >> all the best. i'm with you. [laughter] maria: andrew napolitano in new york. local governments over california catastrophic wild fires, lauren simonetti on the story headlines, lauren. lauren: i want to come too, maria, meanwhile this, will pay a billion dollars to settle with more than a dozen cities and counties, paying for losses related to 2015 fire, fire that swept through northern california in 2017 and last year's devastating campfire. this settlement does not include individual claims, billions of dollars in expected losses of course tied to wild fire lawsuits. looking to release cargo jets up to 70 planes by the year 2021. efforts to speed up deliveries while keeping commodities down and brings amazon into direct competition with companies like fedex which recently said it would cut ties with amazon, amazon shares half percent right now, a giant asteroid approaching earth, nasa says space rock which could be as big as the eiffel tower, asteroid making closest to earth monday afternoon, second closest fly-by in at least 120 years, stay with us, will join maria from international space station at 7:00 a.m., 20 minutes from now. maria: i love it. this is a first for us talking to them from space. lauren: how does that happen? [laughter] maria: that'll be good, thank you, lauren. drive before you buy, youtube's venture into virtual make-up, changing changing the cosmetic industry coming up. we are talking with chief marketing officer at loreal, details coming up right here. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. ♪ heannouncer: more details incoming involving volkswagen and the growing scandal. dissatisfied customers filing complaints against the german auto maker. ♪ because a vision softly creeping ♪ ♪ left its seeds while i was sleeping ♪ ♪ and the vision ♪ that was planted in my brain ♪ ♪ still remains ♪ within the sound of silence ♪ in restless dreams i walked alone ♪ ♪ narrow streets of cobblestone ♪ ♪ when my eyes were stabbed ♪ by the flash of a neon light ♪ ♪ that split the night ♪ and touched the sound of silence ♪ maria: welcome back, big business of beauty, loreal largest cosmetic companies in the world, top beauty brands in the world, new technology and artificial is going to work influencing how consumers purchase cosmetics and skin care products, joining me chief executive officer of loreal, great to have you on the program. >> thanks for having me. maria: thanks so much for joining us, this is something new having technology embedded in cosmetics, tell us how it works. >> changed the way it interacts with us and changing consumer experience, artificial intelligence, we are able to -- maria: if i want to buy lipstick i can try it on without putting it on? >> you can try it on, you're not able to like actually try lipstick on, sometimes we are having, purple, green or black, you want to see how it feels on you and you can do on website. maria: also tone of your skin, tell us about the products that you're using or sell to go capitalize on the new technology? >> basically what we do is we have part of the company to enable us to create and deploy those services, making trying on , ai. we embed that in websites and what people do they try it and we recommend right products. maria: it's extraordinary to me because i know ai is working its way through every industry, yours is a company that's a century old, i mean, you're continue to go try to innovate and get ahead of the trends, where is this going, where is this leading, do you think this is going to lead to increase in sales? >> we have services embedded in website, point of sales. people would spend twice the time they would spend if there wasn't that embedded and 42 shiedz people are trying, 42 shades. very good business. maria: yeah, they are spending more time on the site, et cetera, more familiar with the company, they're introducing ar feature, tell us more about it because it enables people to try things on, is it just for make-up, what else can it be used for? >> make up, eye, foundation, hair color, if you think about it, more engaging, when you try mermaid look or hombre, the color on your hair, you better try on. [laughter] >> makeup and skin care is the next version of it and -- maria: partnering with facebook? >> we are using -- 150 countries and we are making it available to third parties, to others, facebook, instagram, google, elevate the consumer beauty experience everywhere. maria: very exciting, 150 countries, 36 complementary brands including maybeline new york, tell me about the brands and how you differentiate the brands with different countries, are there differences in terms of various different cultures that you want to appeal to different women? >> we tend to have global brands that really have the same equity, same imagery everywhere but we do have -- in asia, brazil, the u.s., in europe and we try to recapture the consumer and products and this has been great. we are also buying from different -- various u.s. brands urban. maria: great to have you on the show. thank you so much joining us from loreal. we will take a break, when we come back bret farve's fumble, instagram post is generating plenty of buzz in sports world this morning, we have that when we come ba. s thing. it's gorgeous. i would pull up in this in a heartbeat. i want one of these. that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design this but give them a cookie and a star. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. maria: welcome back, baseball marathon, 17 innings long, jared max with details. >> max ended longest game at target field since it opened 9 years ago, 5 hours 45 minutes ago, the twins beat the red sox on single by max, 1:55 a.m. eastern time. max hit game-tieing home run and game-tieing single in 28th, twins take it, national's pitcher was practicing bunting when this happened, right into his face and now matt has broken nose and still hasn't been ruled out from possibly pitching today, padres machado ignited fight, arguing and making contact with umpire saturday, wrote in parton social media, one single game, what kind of precedent is that setting, it is not okay to throw a temper tantrum because you don't agree, violence in all workplace is not tolerated, period. mlb doesn't like this, they call this inappropriate the comment and also to compare to workplace violence, quarterback brett favre making another comeback at age 49? no. instagram account hacked yesterday and message read true champion sticks to his calling, his or her calling, i will be coming out of retirement and playing in nfl for 2020 season, stay tune. it was just a joke, soon deleted and farve said he was hacked, maria, no brett favre. maria: come on, it was just a hack, ridiculous. [laughter] maria: thanks, jared. jared max, catch jared sports report fox news 24/7 or siriusxm 115, full coverage of world cup starting tomorrow at 3:00 p.m. eastern, the u.s. versus sweden, i'm hearing that it's going to be tougher than it has been, we are watching. still ahead crypto pushback, lawmakers want to know more about the facebook's new digital currency, you heard from the head of the crypto currency right here yesterday, wait till you hear what lawmakers have to say, back in a minute, more mornings with maria next . . . >>announcer: live from france, at the 2019 cannes lions, here's maria bartiromo with a special edition of "mornings with maria." maria: welcome back. good wednesday morning, everybody. thanks so much for joining us this morning. i'm maria bartiromo. it is wednesday, june 19th. your top stories right now, 7:0. we're waiting of on the federal reserve. investors away the fed's meeting and rate decision at 2:15 p.m. eastern today, on whether or not jay powell will suggest or hint that a rate cut is on the way. president trump reportedly was looking into demoting the chairman, jay powell. we've got that this morning as well. fox business will have full coverage of the decision at 2:0s news conference at 2:30 p.m. you'll want to tune in. it will likely be market moving. that's why markets are flat right now. take a look at few churks churs, indicating little movement. a firmer tone with the dow futures up 13 points and s&p up almost a point and nasdaq up 4 and-a-half. this on top of a huge rally yesterday after the president announced he had spoken with president xi in china and that the twthe two will be meeting ae g-20. mario draghi in europe yesterday signaled more stimulus is on the way and that stimulus could include a rate cut. that certainly got markets moving big-time in europe yesterday, the u.s. followed suit. take a look at european indices this morning, we're seeing a mixed story with the fq100 down 17, the cac in paris squeaking out a gain of two and-a-half and dax in germany squeaking out a gain of two and-a-half points right now. in asia green across the boards on news that the talks between the u.s. and china are resuming. the hong kong march we market wp 2.5%. president trump officially kicked off his re-election bid before a packed arena last night in orlando. he touted the strength of the u.s. economy. he talked china and trade. watch this. >> we'll see what happens. but we're either going to have a good deal, a fair deal or we're not going to have a deal at all. maria: what the president said about socialism and his new campaign slogan also, coming up. facebook's new cryptocurrency facing backlash, facing pushback from lawmakers like maxine waters in the u.s. and abroad as well. they want facebook to wait and stop. we'll tell wha you what maxine waters wants from facebook. we heard from the head of that division yesterday right here. a check this out, a third person made an exclusive list, 1ship billion dollars. find out who that is. all those stories coming up this p wednesday morning. joining me to break it down, cheryl casone in new york, as well as john hilsenrath. great to see you guys this morning. cheryl: good morning. the jealousy factor in new york has hit new all-time highs today over you being in france. >> cheryl and i are having a lot of fun here on set, even though the weather looking at your weather, you know, it's kind of cloudy and wet and humid here. but we're still having fun. cheryl: lots of scoop on the fed. maria: we've got a lot to -- big stories this morning, john. because the fed is going to come out and say something. what do you think in terms of the language, what would you be focusing on? is he going to take out the word patience? is he going to signal that things are weakening? what's your best guess in terms of was we hear from jay powell at the news conference. >> i think he's got one of two choices. they either go ahead and cut interest rates, and that's a possibility, the market isn't expecting it. but the market is expecting the fed to cut rates in july and i think one of the things that jay powell has to be asking himself right now is, well, if the market's expecting it in july, maybe i take that uncertainty off the table and get it done right now. if he doesn't go ahead and cut rates today, then i think they have to signal pretty strongly in their statement and also in the press conference the same way that mario draghi just did yesterday, that they're leaning towards a cut in the months ahead, if inflation doesn't pick up and if the economy looks like it's slowing down. i think it's very important that draghi signaled what he signaled. he doesn't do that in a vacuum. he has some sense of where jay powell stands right now. and he wouldn't be sending as strong a signal as he did if he didn't think the fed was in a doveish position today. maria: that's interesting you say that. i was interested in hearing you say that earlier, that he doesn't do this in a vacuum and they know what the other one might be doing. cheryl, if we were to get a rate cut today, if we would get a rate cut in july, that throws into question the strength of the economy doesn't it? we're talking about a 51 year low on unemployment, talking about 3.1% growth in the first quarter. things feel good still. if they were to cut rates, do they know something we don't? cheryl: you're making a great point. the fed says we are data dependent. if they're seeing mixed or negative data coming in, that's a signal to the markets the economy is weakening. there's that side of the equation that we'll look for today. he'll be asked about tariffs. the last time they met we didn't quite have that tariff fight with china. we thought we would get a deal with the chinese the last time the fed met. now that's in question. you also have the trade tariff issue with mexico come up as well, plus, again, going back to some the day a take we've gotten since -- data we've gotten since then on the economy, if they do talk about had that, then you're right, that could be a market negative. i still think if you get a rate cut today, these markets are going to take off like a rocket. that would be crazy because we don't expect it. >> i'll give you three reasons -- maria: go ahead, john. >> i'll give you three reasons why the fed would cut rates if not today but in july. one is 10 year treasury yields, dagen and you and i and everyone here talks about that a lot. but long-term interest rates are now lower than short-term interest rates. that is a signal that the market sees no inflation and that it sees the risk of a recession and the fed might respond reem preemptively to how low long interest rates are, that's one. inflation is consistently missing the fed's 2% target and if the fed is going to have any credibility on a a 2% inflation target, they've got to act to get in front of that so they might -- they could move on that front. the third reason is the global backdrop. global growth is slowing and there's a lot of uncertainty about tariffs and the effects that tariffs are having on the global economy so they might want to get in front of that. those are the three things that they're talking about yesterday and today about why they might want to move. maria: it was pretty -- an incredible move. once draghi came out yesterday, you saw movement in the euro which went down. you also saw the bond rally resume in a big way and saw rates go even lower. look at where the 10 year is right now, if we could pull up that 10 year, nick, just a little bit higher. it's right at -- cheryl: it was moving up a couple basis points today. we had i think it was six or seven straight days of a lower yield on the treasury. we actually saw it pump up today and i thought that was interesting as you got kind of a flat market going into the fed decision but we saw a little bit of a switch in the 10 year. it's slight, maybe i'm putting more emphasis on it than i need to, but i think it's interesting on the 10 year right now you. maria: do we have a shot of that, nick? do we have a shot of that to show the 10 year, which is what we want to look at. and this is just the 10 year. what about the european rates, john? yesterday we saw once again a negative situation there when draghi made those comments and sparked the further rally in bonds. >> the problem for the ecb is that it has very little room to maneuver here. as you say, short-term rates are already negative and then there's this program of bond buying, qe, that they do. they've had a problem with kind of running out of bonds to go out and buy, so for draghi to say that he's looking to institute new easing measures in a situation where interest rates are already negative and they don't have a lot of room to be buying more bonds, suggests that there really is a change of heart at the central bank there and i just don't think that they do that without thinking about what's happening in the rest of the world, in particular the u.s. look at that 10 year yield, 2.08%. that's lower than the fed funds rate. we're talking about how strong the u.s. economy is. the bond market doesn't see it. the bond market does not see an economy that's so strong that is anywhere near causing inflation. cheryl: real quick, as i send it back, we're up another basis point from two hours ago on the yield so there is a rise as we get ready for the markets to open. back to you. maria: but 2.08%, come on. i mean, we are talking about levels that some people might say a recession is at hand, even though the economic data we look at is all very strong. i mean, it's not always indicative of a recession and inversion or these low rates, and yet we have to watch this closely. we will do that. >> we have gotten a bit of a slowdown. a lot of economists were predicting a slowdown in the first quarter, which didn't occur, a and now it looks like we're getting it in the second quarter. maria: all right. we will watch. the president didn't agree with that last night, that's for sure. he kicked off his re-election campaign in florida with a huge rally in the battleground state. kristina partsinevolos is live in orlando right now after the big night. good morning to you. >> reporter: good morning, maria. before i get to orlando, the president did speak to reporters at the white house before he boarded the air force one and of course he talked about what you guys have been talking about, the fed and these rumors about whether he should be demoting the fed chair, jay powell. he answered that but he also made a comparison to what the president of the ecb has mentioned with recent stimulus and possibly cutting interest rates. listen to how he made the comparison. >> let's see what he does. i can tell you that draghi, the eu, if you look at what's going on with the euro, they have a much different stance than our folks do. as you know, we did something today that was very dramatic and, frankly, it helped that part of the world. so we'll see what happens. >> reporter: there you have it. let's see what he does. that's in reference to the fed chair, jay powell. the president did board the train and then landed in orlando. i was there throughout the entire day with the crowd. you had people that lined up as early as 2:30 a.m. in the morning. those are the first two people in line that i was able to speak to. you had people that were willing to pretty much stand the torrential rain, standing in line. the entire stadium was filled to capacity. the president did come out just a little bit past 8:00 p.m. eastern time. you had the entire trump family there as well as sarah sanders, you had a bunch of people supporting him including in florida, you had the governor, ron de santis and the senator, rick scott. but the president really did touch upon trade. he mentioned the success with getting a trade deal with south korea. he talked about what you guys are talking about on the panel before, about china and how those are still in role or pretty much the conversation is still going on. and then last but not least, he focused on the trade deal with mexico and canada. he did bring up nafta and why it didn't work. listen to what he had to say. >> nafta was a beauty. it was really good if you want to see everybody leave our country. thanks to our tariffs, american steel mills are roaring back to life. you know that. [ cheering and applause ] >> and we've taken historic action to confront china's chronic trading abuses. >> reporter: overall, the president touched on a lot of topics including immigration, but i want to end on the importance of florida, the fact that we're here right now. it is a swing state. the president won by 1.2% back in 2016. there's been a lot of talk about recent polls where he is falling behind compared to joe biden. however, maria, you have, what, less than 503 days, 17 months until the elections so we know of course a lot can happen. back to you. maria: yeah, and i think that the polls were indicating a hillary clinton victory at this time last cycle. >> reporter: exactly. maria: as well. >> reporter: yeah. that's why it's so p soo soon fs to focus on that. maria: kristina partsinevolos in florida this morning. tune into fox business at 2:00 p.m. eastern today. we've got live coverage of the central bank's interest rate decision. you want to hear what jay powell says and suggests about rate cuts coming up so join us. then there is this, facebook's cryptocurrency now facing some backlash from washington. lawmakers are curious about the technology giant's new digital money, what they're saying they want facebook to do, now. and then the world's wealthiest, amazon's ceo jeff bezos and microsoft founder built gates part of this this exclusive club, see who made the $100 billion club. back in a minute. ♪ because when i arrive. ♪ i bring the fun. ♪ and make you come alive. ♪ i can take you higher. ♪ i must now remind you. ♪ let it rock, let it rock, let it rock. s. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. who used expedia to book the vacation rental which led to the discovery that sometimes a little down time can lift you right up. expedia. everything you need to go. expedia. my ideal cloud? it has to work like air traffic control. it's gotta let new data integrate with data from our existing systems. ♪ ♪ be able to pull from reservation platforms built 20 years ago. and also be able to use apps to book super-personalized trips on shiny new phones from the future. plus, i need freedom to move my workloads wherever, whenever - but manage it all from right here. and that's the cloud i want. simple, right? expect more from your cloud. ibm cloud. the doctor's office might mejust for a shot.o but why go back there when you can stay home with neulasta® onpro? strong chemo can put you at risk of serious infection. in a key study neulasta® reduced the risk of infection from 17% to 1% a 94% decrease. neulasta® onpro is designed to deliver neulasta® the day after chemo and is used by most patients today. neulasta® is for certain cancer patients receiving strong chemotherapy. do not take neulasta® if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems allergic reactions, kidney injuries and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. if you'd rather be home ask your doctor about neulasta® onpro. pay no more than $5 per dose with copay card. maria: welcome back. we heard yesterday about facebook's cryptocurrency. now it is facing backlash here in washington and abroad. lauren is on that in headlines right now. lauren: certainly is, maria. right after facebook announced its new cryptocurrency, libra, maxine waters asked the company to hit the brakes. the head of the house financial services committee releasing a statement saying given the company's troubled past i'm requesting that facebook agree to a more tore yum on any movement forward on developing a cryptocurrency until congress and regulators have the opportunity to examine these issues and take action. well, yesterday on the show, facebook's head of calibra, david marcus, explained to you how more than just facebook is involved here. >.maria: can you explain to us why libra is better or might be better than what's on the market already, like for example, bitcoin. >> well, i think two differences. first of all, the companies -- the reason that we couldn't go alone here is because if you want to build an internet of money or a protocol for value on the existing internet, this is not something that should be controlled by one company. it should be controlled and governed as a public good, the same way the internet is. so eventually we'll get there. but to start, we had to ensure that this was governed by a number of institutions and global organizations and not by facebook. lauren: criticisms don't stop at the u.s. border, however. officials in france and england already promising a tough road ahead for libra while the g-7 countries are reportedly setting up a forum to weigh the risks of digital currencies. google spending $1 billion to ease the high priced housing problem in silicon valley, including a $250 million investment fund and $750 million of company-owned land to build at least 15,000 homes including low and mid-income housing. speaking of money, there's a new member of the $100 billion clu. bernard arnold just joined jeff bezos and bill gates in the world's most exclusive wealth club. he's the chairman of the company, lvmv, he entered the ranks yesterday takes company's stock rose about 3%, increasing his net worth by $32 billion this year. so all-in, his net worth is equal to 3% of the french economy. and of course, he contributes remember with the rebuilding of the notre dame cathedral, marie ya, he contributed to. maria: his welt an wealth and e wealth, it is the size of certain countries. it's incredible, the numbers are mind boggling. lauren: $100 billion plus. maria: thank you, lauren. coming up this morning, georgia congressman and ranking member of the house judiciary committee, doug collins is here. plus, the chairman of blackstone, steven schwarzman joining us. tim ellis is here and live from the international space station, astronaut, lieutenant colonel ann mcclean and kristina cook. don't miss a moment of it. we've got a big hour and-a-half coming up, stay with us, right now. ♪ get along, down the road. ♪ we've got a long way to go. ♪ scared to live, scared to die. ♪ we ain't perfect but we try. ♪ get along while we can. ♪ give love the upper hand. ♪ paint a wall. ♪ learn to dance. ♪ call your mom. ♪ buy a boat. ♪ drink a beer. ♪ sing a song. ♪ limu emu & doug look limu. a civilian buying a new car. let's go. limu's right. liberty mutual can save you money by customizing your car insurance, so you only pay for what you need. oh... yeah, i've been a customer for years. huh... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ maria: welcome back. welling we are headed out of this world. literally. nasa opening the international space station to commercial business and private astronauts. for more on this, let's go live right now to the international space station and joining me right now are lieutenant l colonel annie mcclain and kristina cook. it's amazing that we're able to talk like this right now. can you tell us first, kristina, what you're feeling and how the aatmosphere is where you are right now? >> absolutely. you know, it's just a standard day in space. working on experiments, keeping the space station running at peak performance and going about our business as astronauts. we are currently orbiting the earth about 250 miles above the surface of the earth and traveling at about 17,000 a 500 miles per hour. but inside, it's just a standard work day. maria: amazin amazing. ann, let me get your take on what you learned so far. give us a sense of the time you've spent there, what you've seen and what your take-aways are. >> sure. i launched from from kazhakstan on december 3rd. i'm six and-a-half months into my mission, five days shy of coming home, unfortunately. it's a really special experience to have the opportunity to represent humankind by living in lower earth orbit. that's what we're doing in space right now. we're living on the international space station in an environment that was never originally designed for humans or humans were not designed for this environment. and so we live in this -- the space station is 3500 square feet of liveable space. contained inside of it are two main themes. we do a lot of experiments, science experiments, we're a national laboratory and we do maintenance on the space station. both of those things inform our scientific communities about where we came from, where is our plan he et in the universe, -- planet in the universe, where are we going and it helps us understand our place in the universe and some technologies that can benefit humankind. my personal take-aways is this is what happens when humans are united to a goal of exploration and bettering our communities. this is what we're capable of internationally. maria: it's just extraordinary, really, it is. and july 20th marks the 50th anniversary of the apollo 11 moon landing. nasa plans to return to the moon by 2024 and have the first woman walk on the lunar surface. earlier this month the president tweeted this. he said for all of the money we're spending nasa should not be talking about going to the moon. they should be focused on the bigger things we're doing, including mars, of which the moon is a part, defense and science. tell us about the importance of going back to the moon, why it's part of the ultimate mission to mars. >> yeah, the answer to that is really two-fold. one is, what can we learn from the moon about our plan he et and about our solar -- planet and about our solar system. it holds so many keys to where we came from and where we're going. the other part of that is to enable deep space exploration. if you are going to go climb mount everest, you're probably going to set the tent up in the backyard first. if you think about the as trough noscale ofa mars mission, the ll first step or next step is to test those technologies in a place like the moon, that is remote but if anything fails, you can come back to earth within a couple days. maria: that is just extraordinary. lieutenant colonel, it is great to talk with you. ann mcclain and kristina cook, thank you so much. be safe and we will see you soon. thank you so much, ladies. coming up, federal reserve is in focus, president trump soundin f paul. and wycliff jean here in cannes on what's next for the industry. back in a moment. metastatic breast cancer is relentless, but i was relentless first. relentless about learning the first song we ever danced to. about teaching him to put others first. about helping her raise her first child. and when i was first diagnosed, my choice was everyday verzenio. it's the only one of its kind that can be taken every day. it gives us more time without cancer progressing. verzenio is the only cdk4 & 6 inhibitor approved with hormonal therapy that can be taken every day for postmenopausal women with hr+, her2- mbc. diarrhea is common, may be severe, or cause dehydration or infection. before taking verzenio, tell your doctor if you have fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. serious liver problems can occur. symptoms include tiredness, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain, rapid breathing or heart rate, or if you are pregnant, nursing, or plan to be pregnant. common side effects include nausea, infections, low blood cells and platelets, decreased appetite, headache, abdominal pain, tiredness, vomiting, and hair thinning or loss. my relentless reason: it's them. my choice with my doctor: it's verzenio. ask your doctor if everyday verzenio is right for your first treatment. it's a revolution in sleep. the sleep number 360 smart bed now from $899... senses your movement and automatically adjusts on each side to keep you both comfortable. and snoring? how smart is that? smarter sleep. so you can come out swinging, maintain your inner focus, and wake up rested and ready for anything. only at a sleep number store, don't miss the queen sleep number 360 c2 smart bed, now only $899. plus, 0% interest for 48 months on most beds. ends wednesday. intand ux f sport,rst of its kind lexus ux also available in hybrid all-wheel drive. lease the 2019 ux 200 for $329/month for 36 months. experience amazing at your lexus dealer. >>announcer: here again is maria bartiromo, with a special edition of "mornings with maria," live from france. at the 2019 cannes lions. maria: welcome back. good wednesday morning, live from cannes this morning. thanks for joining us, everybody. i'm maria bartiromo. it is wednesday, june 19th. your top stories right now. we're waiting on the federal reserve today, investors are watching to see what the fed will say after the fed meeting, two-meeting ends today. a rate decision, john hilsenrath earlier said yeah, it could be that the fed cuts rates today but probably not, possible in july. we'll see. and we want to see what he says about the current backdrop. is the economy weakening, as many people have said? president trump reportedly was looking into demoting fed chair jay powell. we'll get into that this morning as well. fox business will have full coverage of the decision at 2:0. we will cover fed chair powell's news conference a 2:30 p.m. eastern today. markets this morning, little moving, as you see, ahead of the fed decision. dow futures up 4 points, s&p down 1 and a quarter, nasdaq up just a quarter point. this on top of a huge rally yesterday. after the president announced that he spoke with president xi in china and the two of them will in fact be meeting at the g-20, that sent stocks soaring because the market thought maybe we will get a deal with china after all. dow industrials were up one and a third percent yesterday. s&p was up 28, nasdaq up 109 points, one and a third percent yesterday. the momentum continues in some parts of europe this morning, although we've got weakness in the u.k. fq100 down 20 points, cac up five and three quarters, and dax up 13. don't forget about what mario draghi told us yesterday, that more stimulus is coming to the eurozone, it could include a rate cut. as soon as that comment came out yesterday, bonds continued their rally and interest rates continuing lower. today the 10 year is at 2.08%. in asia overnight, green across the board, news of talks between china and the u.s. are resuming, helping those markets as well. hang seng in hong kong up two and-a-half percent. the 2020 race is on. president trump officially kicked off his re-election bid last night in orlando. he touted the strength of the u.s. economy, he talked about his opponents as well. >> our radical democrat opponents are driven by hatred, prejudice and rage. they want to destroy you and they want to destroy our country as we know it. maria: what the president said last night about socialism and his new campaign slogan, coming up right here this morning. but first, our top story this half hour, revolutionizing the music industry, from vinyl records and cassettes to streaming music on the go, rapid advancements in technology are playing a pivotal role in transforming music je genres and styles, paving the way for spotify and apple music. reports predict 1.2 billion people will pay for streaming by the year 2030. my next guest has been a driving force in the music industry for more than two decades. joining us right now, musician, actor, entrepreneur, wyclef jean. thank you for joining us this morning. >> i have breaking news. my catalog, when i wrote the song for carlos sanity that, maria -- santana, maria, maria, i was really talking about you. maria: i love that song. thank you so much for that. >> how are you doing? maria: listen, the music business has changed so much. i want to hear it right from you. you lived through all of this. tell me how you've seen the evolution impact your business and how different things are today as opposed to let's just say five or 10 years ago. >> it's definitely different. i would say if you do not have a lucrative catalog and you was actually writing material from the '90s, you're not in a good position. because what happens is through streaming now you have -- starting with my daughter l everyone is streaming. if you have a catalog, just say me as someone who is a writer of maria, maria, hips don't lie, 911, the catalog of over 400 songs, so what happens is when the streaming goes up, the value of the catalog goes up. so what i encourage more kids to do is to write more material and to make sure that they actually own their material. maria: i love that song. i really love that. that is such a great -- the rhythm is amazing. >> thank you. maria: this seems to be a good solution to what took place in the prior 10 years, because remember when iphone and the ipad and everything first started coming out, where you had digital music, the actors and the writers, the producers were actually losing money. >> yeah, definitely, they were losing money. now what happens is through streaming, i watched a kid get one song get $100 million streaming and turn his brand into a $5 million brand. so once again, i think overall it's great for record companies, it's great for streaming service. it's great for artists. what i encourage the artists to do is make sure you take control of your content, very important. maria: you have really used your celebrity to help better people and try to help improve people's lives. you say it's important for entertainers to also be entrepreneurs. first let's talk about that. >> well, i mean, it's very important that coming up in the '90s, as a fuji, when you make millions of dollars, we're in the year going into 2020, so it's very important that artists understand there's two sides of the business. speaking of that, as we move towards the future, i feel that one of the labels that is going to be ahead is all female, first distribution label in the world, let me announce it now, it's called head's music. i feel that we need more women in positions of power within the industry to push more narratives than what we see right now in the industry. maria: it's interesting that you mention this. because i have found, talking to all these chief marketing officers, doesn't matter how established your brand is, how well you're doing, everybody's facing the same challenge and that is reaching women and it's this virtual cycle that if you don't have women involved in the boardroom, you don't have women involved in the company at a leadership level, women are not necessarily going to be as attracted to the product. it feeds on itself. >> 100%. i think that women come from a value where they actually care. you're from an industry where we watch even starting with myself and different people, no one is giving you great advice. i think the idea of the first distribution female company worldwide is going to send the right message out and i think more artists are going to want to upload their music actually on a platform like that because you know, we cool as men but nobody do it better than the women, period. you know that. maria: you think that's going to be one of the main selling points. >> i think that's going to be one, as as we move towards the future. you're talking about apand appld different -- where's the billion dollar female companies, that say we want to curate content from a level of -- for me, a female platform will find the next erica badu, the next beyonce. focus is not data-driven, it's let's find talent and develop it. that will come before the ai. maria: you're talking about that in cannes this week. >> we're promoting that heavy in cannes this week. maria: tell me about the industry in terms of giving back. because you want to be of haiti. i like -- be president of haiti. i like the story of you reaching out to people to try to get them opportunities. what happened in haiti, you were disappointed you couldn't run for president. >> yeah. there's a thing about politics, right. this is the rule. if you fail and you don't succeed, try, try again, right? so my thing was, in losing the bid for the election, i also learned a lot. i noticed the country went down 2250,000 people in the rub bell, i felt to reconstruct the country we had a chance to do it with carbon credit. one of the things to move the country forward is an environmental front which is actually there. i believe in empowering farmers. i have mixed emotion about micro loans. at the end of the day, if i don't have money, how do you expect me to pay you back. we believe in moving forward in the future, if you're a thirled world country, -- third world country, let's strengthen the private sector. when you look at it, the private sector, the stronger they are, the more jobs could be provided for the people. maria: what do you want to do now? i know you've got the women business and so i get that. are there things that you're still wanting to touch? >> the next thing i'm doing, i'm building the first hip hop guitar, a combination of ai and hardware. where you can talk to the guitar and tell her play maria, maria and the guitar teach you how to play it. maria: i love that. ai has been working in the music and movie business in a big way. if you don't use it, you're probably left behind. >> you have to use ai. the human comes first. maria: at some point we may be co-existing with robots. >> yeah, but they're not able to write the songs. maria: i like that. great to have you on the show. thank you for that rap, yo thank you for the song. wyclef jeaning joining us there. quick break and then we are back to the fed in focus, president trump sounds off on the federal reserve chairman, jay powell. what he said next when we come back. u.s., china relations, the president announcing he will meet with chinese president xi-jinping at next week's g-20 summit. fox business is live in beijing coming up. stay with us. ♪ dollar, dollar, bill y'all. ♪ dollar, dollar bill y'all. my old friend ♪ announcer: more details incoming involving volkswagen and the growing scandal. dissatisfied customers filing complaints against the german auto maker. ♪ because a vision softly creeping ♪ ♪ left its seeds while i was sleeping ♪ ♪ and the vision ♪ that was planted in my brain ♪ ♪ still remains ♪ within the sound of silence ♪ in restless dreams i walked alone ♪ ♪ narrow streets of cobblestone ♪ ♪ when my eyes were stabbed ♪ by the flash of a neon light ♪ ♪ that split the night ♪ and touched the sound of silence ♪ maria: welcome back. the federal reserve is in focus today, of course, investors are awaiting the end of the two-day fed meeting which happens at 2:00 p.m. this afternoon. we're thinking will we see a rate cut? president trump is warning that he could consider he demoting fed chair jay powell. listen to this. >> well, let's see what he does. i can tell you that draghi in the eu, if you look at what's going on with the euro, they have a much different stance than our folks do. maria: powell set to hold a news conference at 2:00 p.m. eastern today of after the central bank announces its decision on interest rates, talks about the economy, most people do not expect a rate cut today but most people are expecting a rate cut fairly soon, this year. joining me right now to talk about that is the wall street journal editor at large, jerry baker. jerry, great to see you. what do you think we'll hear from the fed today. >> i think you're right. i don't think they are going to cut rates. the expectation is they will cut rates in july. we will hear from jay powell the background and we expect him to prepare the ground for a rate cut next month. the question is well, if the situation is bad enough and you're concerned about the economy why aren't you cutting rates today. i think this will add to some of the criticism. look, it's not helpful for the president to criticize the chairman of the fed. the substance of what he's saying maybe has ground. it's strange if the fed thinks the situation warrants a rate cut, why not do it now. maria: it's only six months ago or seven months ago we were talking about rate increases that the fed had this plan on auto pilot, that it was going to raise rates three times, unwind the balance sheet. how did things change so quickly. >> they would argue the economic environment changed rapidly. it's hard to argue that. the thing that's been worrying people is the u.s.-china situation. that was around back at the end of last year. that's been around since president trump took office. that hasn't really changed in the last six months. the economic outlook in the rest of the world deteriorated in thereafter six months. it does look as though to be really candid the fed is acknowledging it was a little ahead of the curve six months, nine months ago and now it's getting back and it's going to be in a position where they may lower interest rates. maria: do you think when we see a rate cut that people think, well, i thought things were going really well. do you know something that i don't know, that you're cutting rates, meanwhile we just have 51 year low in unemployment and 3.1% growth in the economy early in the year. >> good point. look, i think we're in a new normal here which is 2.5% fed funds rate is the peak of the cycle. we would never have thought that. we're now in a situation where the fed has 2.5% and it does look as though the economy is not in trouble but it's slowing with growth this year a bit slower than last year and there are doubts that are coming up. the key thing is, there's no inflation. when there's no inflation there isn't a strong case for the fed to be tightening tightening it o get rates down to a neutral level, somewhere below where they are now. maria: the president officially kicked off his 2020 bid last night in orlando. it was a jam-packed crowd in florida. i want you to react to what he said. here's what he said about socialism. >> more than 120 democrats in congress have also signed up of to support crazy bernie sanders' socialist government takeover of healthcare [booing] >> he seems not to be doing too well lately. america will never be a socialist country. a vote for any democrat in 2020 is a vote for the rise of radical socialism and the destruction of the american dream. you know, there's a new one that really works and that's called keep america great, right? keep america great. [ cheering and applause ] maria: so i wonder what you think about that and is the 2020 election being set up now as a decision of capitalism versus socialism? >> that's what the president would like. the president's ratings are not great for an i'm couple bent -- incumbent wit president with a strong economy, he's on the cusp of not being re reelected. even he though the economy's doing pretty well, the president's personality, the way he behaves, he's turned off a lot of people. he's trying to frame this as firstly the economy is good, with making america great again and keeping it great and secondly the choice on the ballot next year is between capitalism and socialism. if he can make it convincingly a content between socialism and capitalism, that will make it -- maria: how important is the meeting between the u.s. and china? >> it's very important. i'll be surprised if they get a deal. the fact they're talking, it can't be a good thing. maria: you're surprised if they get a deal? >> right, at this event. there's a lot of detail to be done. the chinese are not ready to make a deal. they're waiting to see how the economy does in the next six months. maria: they don't want to commit to not stealing ip. we'll see you friday night. >> thank you very much. maria: at 9:30, after wall street, jerry baker. tune into fox business today, 2:00 p.m. eastern for live coverage of the central bank's interest rate decision and jay powell's news conference. my interview with the chairman and ceo of blackstone, steven schwarzman, is coming up next. stay with us. can't see what it is yet.re? what is that? that's a blazer? that's a chevy blazer? aww, this is dope. this thing is beautiful. i love the lights. oh man, it's got a mean face on it. it looks like a piece of candy. look at the interior. this is nice. this is my sexy mom car. i would feel like a cool dad. it's just really chic. i love this thing. it's gorgeous. i would pull up in this in a heartbeat. i want one of these. that is sharp. the all-new chevy blazer. speaks for itself. i don't know who they got to design this but give them a cookie and a star. maria: welcome back. president trump announcing he will in fact be meeting with chinese president xi-jinping at next week's g-20 summit. connell mcshane has been live in beijing all week with how china is preparing for the meeting. connell, good morning to you. >> reporter: good morning, maria. just back moments ago from an interview with a senior official at china's ministry of commerce who told me the chinese are making what he described as active preparations for that meeting. he went on to say that the headline to come out of next week's g-20 was the leaders had a good meeting, reached some consensus and will agree to meet again. in the interview, i did not get the idea that china sees a trade deal as being right around the corner. take a listen. >> there are certain matters in which china will not give ground. what are those matters? >> that refers to the red line issues that involve china's sovereignity, we will give no ground on that. >> what about intellectual property, that is a red line issue? >> the chinese government has established an innovation-driven strategy, strengthening ip protection and law enforcement has always been our policy. >> reporter: i pressed him some more on intellectual property. he said american companies, apple and qualcomm, for example are always fighting it out over ip and he said a broad allegation that china is some how wholesale stealing from america is, quote, groundless. he did not rule out a change to chinese law as part of the trade talks which will be important to people who are following the talks and he also did not deny that china backtracked the last time around. in fact, he says as an example to me that president trump backed out of tpp, so the united states should be used to this kind of thing. maria, back to you. maria: all right. connell, thanks so much. great job from connell mcshane in beijing all week. still a ahead, my interview with blackstone chairman, ceo, and co-founder, steven schwarzman, next hour, "mornings with maria." ♪ pressure pushing down on me. ♪ pressing down on you. ♪ twenty-four people came together to sign an agreement that created the stock exchange. just the right elements coming together. it started when scores more people came together, just down the street and traded bonds that helped pay for the revolution, and the nation it created. it started in an office on the corner where the right people witnessed the telegraph and brought information and humanity together forever. it started with the markets, bringing together steel and buildings and silicon and medicine and rockets. we believe the possibilities of life and investing are greater when we come together. it's why for eighty years we've connected ideas with technology, data with inspiration, investors with solutions. so that every day together, it all starts again. ♪ going back to the doctor just for a shot. with neulasta onpro... ...patients get their day back... ...to be with... ... family... ...or just to sleep in. strong chemo can put you at risk of serious infection. in a key study... ...neulasta reduced the risk of infection from 17%... ...to 1%... ...a 94% decrease. neulasta onpro is designed to deliver... ...neulasta the day after chemo... ...and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome... ...have occurred. report abdominal or shoulder tip pain, trouble breathing... ... or allergic reactions to your doctor right away in patients with sickle cell disorders, serious, sometimes... ...fatal crises can occur. the most common side effect... is bone and muscle ache. ask your doctor... ...about neulasta onpro. pay no more than $5 per dose with copay card. >> and good wednesday morning everybody. welcome back. live from cannes this morning i'm maria bartiromo june 19th your top stories 8 a.m. on a east coast waiting for federal reserve this morning awaiting fed meeting and decision after a two-day meeting. president trump reportedly was looking into demoting jay powell we're going to tell you about that. but the question is will he or won't he? will he cut interest ritz as market would like to see or hint that a rate cut is on the way? that will be the story at 2:00 this this afternoon when i would expect markets to get rocking. fox business will have full coverage of the decision at 2 p.m. eastern and fed chair powell news conference happening at 2:30 p.m. we'll be words an trying to better understand his strategy. markets the showing a little movement ahead of the big decision, take a look at futures indicating a gain at the start of trading but just a fractional one dow futures up 14 points and s&p 500 went into negative territory by a quarter points and nasdaq up three and four three quarters on top of a huge rally yesterday, after that up president trump said that he spoke with president xi jinping in china will two will be meeting next week. yesterday the dow was up 353 points and nasdaq up 109 points in europe this morning, with a firmer chairman although a mix of stories than anything else take a look at negative down 24 points and up four and a half and dax index in germany is up 7 point in asia overnight green across the board on news that those talks between china and u.s. are, in fact, resuming. shanghai composite up one percent. new issue this is morning to report for beau, 737 max facing yet another problem. and it has to do with the pilots this time find out latest hurdle to get the jet back in service. and 2020 race president trump officially kicking off his reelection bid last night, before a packed arena in orlando. he touted strength of the u.s. economy. >> the fact is the american dream is back it is bigger and better and stronger than ever before. >> gop chair ron that mcdamage announcing that the president has raised a record 24.8 million dollars in less than 24 hours. so the money contest are neck and neck plus the adam sandler surprise his latest film a record break e for netflix huge numbers coming up. all of those stories coming up here right now and joining me to break it all down carroll in new york. "the wall street journal" global economic senator been a great show you guys. really it has. >> and maria after you have john on and your last show cheryl and i have been playing maria, maria on set here we wish you were here to beer whatting that. >> i love that song. always loved that song. we love that interview -- that was fascinating. i vote for the guy if i lived in haiti and he ran for president there. >> yeah. he really wants to help people get jobs and understand technology the process. >> yag and happy fed day by the way. to you details coming at 2:00 see what they do jon you said probably not a rate cut but probably signal that a recut is on the way so we're talking about that this morning joining conversation this morning is chairman ceo and cofounder of black stone. steven is any special guest, of course, there's so many purples out there that actually are trying to look like black stone, from goldman sachs to hedge funds also national football executive chief marketing officer of the nfl tim ellis is joining us along with stuart vanny as well and get a big hour right here an top story this hour is federal reserve and focus and investors watch fed key interest rate decision at 2 p.m. eastern and president suggested that well he's not so happy with the central bankhead jay powell he said this, many times. this as the market expects that feds to try to hingt or suggest that maybe rates begin to come down at some point this year. and president kicked off his 2020 run last night in orlando florida he touted a strong economy, changes to trade and tackling illegal immigration. watch. >> our economy is the envy of the world. perhaps theest economy we've had in the history of our country. and as long as you keep this team in place, we have a tremendous way to go our future has never ever looked brighter or sharper. u.s. mta -- that's mexico and canada, will create at least 75,000 new jobs for american autoworkers and give a massive boost to our farmers and ranchers and growers all across the sunshine state and we'll hopefully soon have bipartisan support because everybody wants it to happen. our immigration laws are a disgrace and the democrats can get together with the republicans and solve the problem quickly. in sanctuary cities in catch and release, deport vicious gang members which we're doing, stop human trafficking, stop illegal immigration and establish a mode rn immigration and based on merit. >> joining me right now to talk about all of the issues of the day congressman ranking house member, kol opinions always a pleasure to see you thanks so much for joining us. >> pleasure to be with you this morning. >> when you lock at metric that president is talking about the economy, foreign policy, they're all pretty good and yet, the democrats are still talking about impeach the. what do you think the american people are going to pox on come 2020? >> i think once you get outside of the bubble of washington, d.c. and in thes willing media and democratic members who have been in just say -- denial you see people in the morning not waking up worrying about things of washington and they're making money and getting new jobs this is what we're seeing in america prop is speaking to that he spoke to it over three and two and a half or years ago when he was elected speaking to it again and people will respond positively to that. >> yeah. i mean you know you've got issues from the border to the economy to foreign policy, that americans want to see solutions and yet we really not seeing a lot of solutions within congress. what can you do to move the ball forward, congressman? >> what we're doing is we're putting forward the very stark advantage. you have democrats wanting to impeach a president who is doing a good job who has a good economy and making things better and speaking to the real issue and not, you know, avoiding those issues he's talking about the real about of coming to the to fix immigration, working on our economy doing trade deal and democrats want to tear him down and simply do what i call is summer rerun season and willing to redo everything we've done up here. what i've done is say stick to immigration so here's the three point plan. victim act let's put that out there right now. we've got a bill to give relief to those on border right now to help the humanitarian crisis going on there. we've got the -- trade deal with canada and mexico why don't we put that forward pelosi and let us vote on that and instead of dividing this country playing one off other and using immigration and pawned in your political narrative it is time to do your job. >> yeah i know that you're at the border so i will get back to that but talk about your committee for a second because house judiciary committee will have a press, former press white house official picked today so see what he know she knows about obstruction of justice in special counsel mueller investigation. what do you expect from tell us how this will play out? >> i think it is going to play out the way my chair has been playing out for last five and a half months at nothing what we end up at the end of the day is what they're asking for andments he can't have and testimony that i covered under executive privilege he simply wants this time it have a press release so willing media report that they're doing something and what's interesting about this is this is not the first time this is here and it is not new. new for judiciary committee because they don't know how to their job of oversight and progressing theory that they don't like the president or anything about him and so they're trying to tear into anything they can to deal with this administrationing and fun fortunately on the hot seat today. >> so here we go. you've got more scrutinizing of the mueller report even though we know what came out of the mueller report and there's absolutely no focus whatsoever on what that could people did at the top of 016, you've been releasing all of those documents in terms of showing the testimonies of some of those people, tell us where we are in the investigating the investigators story right now. the insurance policy, the president still frustrated over democrats not letting go of the mueller report and not focusing at all on the couple of people putting their finger on scale trying to stop president trump. >> well our democratic colleague looking for an a investigation that's xeak where they would be focused on right now because the mueller report is we're finished with. if you look at no clietion, no charge of obstruction and talk about that again this week in our comets. well here's the real issue we know now going back to the investigators we know that there were problems leading out of the mid-year investigation into the original start of the russia probe and a also abuse of the fa court we have the inspector general dp of justice and going to be coming out within weeks and we have attorney who has been tapped by attorney japan to look into this and use no -- not bound by anything and make sure they can trust the department and fbi if they get to the point where they can't trust that justice is needed out everyone then our country is in trouble and i'm proud of bill barr saying we're getting dpght of justice in order and democrats like to join on real investigation i would be happy to have them come to table to ask a real question on why we got here to start with. when you look at peter strzok and former director of the cia for last go two and a half years saying treason is there any accountability for that? >> for a bit dog bark and i've seen brennan all of the folks running to cameras try to justify what they did or how their actions were, you know, justified in saying we didn't do anything we're simply investigating you would have done same thing. no you wouldn't because you have a political to this candidate and to now this president, and that's beginning to cool out so they're troying to spin a story ahead of what they believe is going to come out. all i have to do is look at their actions and not worry and knowing that department of justice is looking into it and when they start trying to spin their story and not before then you know there's something that's interestingly going to come out and story will speak for themselves. >> unbelievable real quick before you go congressman you were at the border do you think anything gets done in materials of loopholes? on immigration -- >> i hope so because again to look at the face of the border agent and folks down will busting every day us they're enforcing law and look in faces of those coming across border with a false hope to come here illegally and it all be okay. the democrats need to come to the table to fix this or admit we're running on open borders then somebody needs to hold them accountable. >> congressman good to see you this morning thanks so much. >> good to you as well. >> tune into fox business at 2:00 today for live coverage of the federal reserve interest rates decision and what jay powell says at the a news conference live at 2:30 p.m. eastern. first up next boeing crisis physical strength of the pilots, now coming into question -- why officials are raising red flags about boeing, again. then alarming new study revealing marijuana use among pregnant women doubling, yes why soon to be moms are turning to cannabis even though doctors are, obviously, not recommending. back in a moment. openturning 50 opens theuard. door to a lot of new things... like now your doctor may be talking to you about screening for colon cancer. luckily there's me, cologuard. the noninvasive test you use at home. it all starts when your doctor orders me. then it's as easy as get, go, gone. you get me when i'm delivered... right to your front door and in the privacy of your own home. there's no prep or special diet needed. you just go to the bathroom, to collect your sample. after that, i'm gone, shipped to the lab for dna testing that finds colon cancer and precancer. cologuard is not right for everyone. it is not for high risk individuals, including those with a history of colon cancer or precancer. ibd, certain hereditary cancer syndromes, or a family history of colon cancer. maybe i'll be at your door soon! ask your doctor if cologuard is right for you. covered by medicare and most major insurers. welcome back boeing leat 736 max issue to physical strength lauren simonetti in headline nows with the details lauren. >> that's right reportedly a manual crank that can be used in emergencies to help get the plane nose up. but unfortunately a high speeds it can be very difficult to turn so whoever is operating that crane night need to be very strong and issue slowing down boeing efforts to get them grounded 737 max jet back in the air. some alarming numbers in this story maria government research showing marijuana use among pregnant women has doubled. 7% of pregnant women say they use marijuana compared to just 3% back in 2003. that according to a survey back in 2017 first trimester use is most common. researchers say moms may have smoked before they knew they were expecting or use marijuana to ease morning sickness. a remindinger -- doctors don't recommend using marijuana, period. and adam sandler murder mystery breaking viewing records and saying 31 million households watched the movie in its first three days. netflix says it only counts views if members finish at least 70% of a film. adam sandler signed a deal request netflix for four movies back in 2014 and another four in 2017 and take a look at share of netflix good news for the company up half a percent at 359 dollars that keeps popping up when i log ton netflix i think i have to watch it now. >> you know what i have to do if. that looks really good. thanks lauren. coming up, the big business at football nfl edp and cmp tim is joining me here to highlight what's in store ahead for the upcoming season and talk about rebranding the nfl. plus questions of hall of fame brett favre potential cut back stay on that and speaking with chairman cofounder steven on his record-breaking donation to oxford university back in a mommy. my experience with usaa has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. welcome back coming to you live from beautiful kan most creative week of the year any next guest is of the operation joining me right now is essential events president and kan lee kan and a two points really i pose one is the globalization of that marketing in general and we've got a lot of people from china here. a lot of people from south america. but marly from asia. but i think the other it is that broader thing is in old days advertising marketing is quite simple. you know, you advertise on tv, you advertise on radio magazine and newspapers, but these days it is so much more complex you've got to understand digital you have to understand all sorts of different apps and different ways of getting to people and if that complexity that gives people a wonderful opportunity to be creative. >> yeah, and getting their attention is hard in a very noisy field. especially digital there's a lot to look at a digitally. >> i think that is why there's so many story it willers here as well we have disney hire and nbcu and different creators, and it is telling those stories, it is finding story that is going to make somebody want to spend some time with your brand you know that's really a heart of creativity because we're all bombarded with message right motion of them are not interested in. but it is about creating a story that is going to intrigue and entertain or inform somebody so they want to spend tile with your brand. >> is that the best way to reach what they call unreachable young people women all a of the groups that seems every brand is trying to attack? >> 100%. you know we've got a entertainment lion. music lion we have the sports lion. now what they're honoring is brand coming together with culture, and finding ways that add value to consumers. and those partnerships between brands and music between brands and sports and between brands and other kinds of entertainment, that's the really rich area and i think that's what the future of narcoticking in many ways. >> what are the awards mean post the award let's say we see who will we see win? >> we see lots of different from all over world we see brands and markets percent winning lion from all over the world the big winners this week so far and nike has done really, really well. colin kaepernick ad. yeah. "the new york timeses" has done very well but we won't know until the very end but pointing way to greatness, so when you see a truly big win and you watch it you think if i could do that with my business with my brand, it is going to change any business. so you launched a new podcast a series of five episodes so far of the podcast tell us about it. j well i wanted to try to talk to people about some of the really big issues that affect markets right so we ask community what are you struggling with but two stood out for me. first is about diversity and inclusion which i know is close to your heart as well and what that is about is marketing reflects world back at us. okay so advertising that we see is -- us being reflected become and let's put people who are making that advertising and making that marketing, as diverse as human beings the world then it won't speak to them properly why i think marketers and advertise agencies are so keen to bring diversity and collusion into their organization. >> so i ask you the same question that we ask in different way how to stand out with a podcast now that there are podcast out there. you have to know your audience, know who you're trying to speak to and you have a resumé. >> that's why i chose those subjects those are runs that people are really caring about. one of the other subjects that we cover is brand purpose should brands leave making the world a better place to the u.n. and governments and mgo what brand are trying to do that so we looked into that in great depth and interest subject i think. >> it is, and also an indicator of what's going on in the economy, by the way. how does back drop feel to you when you look at ads spend and you look at creative -- : it peels very boy i can't it is a barometer of the whole global marketing ecosystem. the markets ecosystem is barometer of overall health of the economy actually. very, very clear, and this year -- you know, just a feel of it confidence of people, you know people are taking risks with their creativity they're here talking about the future. it is what you want to see. >> year when is had it was not like that i can tell you. >> for sure great to have you thanks so much. best of luck with rest of the conference phillip thomas joining us there. quick break when we come back big business of football nfl chief marketing office here to talk about highlight what's ahead for upcoming season and how he has rebranded the nfl. the weigh in on hall of famer brett favre rumor comeback as well and speak with black stones chairman ceo with cofounder steerch on his record-breaking donation nows, oxford university on top of a major donation to mit. back in a minute. my ideal cloud? it has to work like air traffic control. it's gotta let new data integrate with data from our existing systems. ♪ ♪ be able to pull from reservation platforms built 20 years ago. and also be able to use apps to book super-personalized trips on shiny new phones from the future. plus, i need freedom to move my workloads wherever, whenever - but manage it all from right here. and that's the cloud i want. simple, right? expect more from your cloud. ibm cloud. when it comes to reducing the evsugar in your family's diet,m. coke, dr pepper and pepsi hear you. we're working together to do just that. bringing you more great tasting beverages with less sugar or no sugar at all. smaller portion sizes, clear calorie labels and reminders to think balance. because we know mom wants what's best. more beverage choices, smaller portions, less sugar. balanceus.org i kept putting it off...t get what was i thinking? ago. ok, mr. jones... we're all done. i told you it was easy. with life line screening, getting screened for unknown health conditions is so quick, painless and affordable, you'll wonder why you hadn't done it before. so if you're over age 50, call now and schedule an appointment near you. for just $149- a savings of over 50%- you'll receive a package of five screenings that go beyond your doctor's annual check-up. ultrasound technology looks inside your arteries for plaque that builds up as you age and increases your risk of stroke and heart disease. after all, 4 out of 5 people who have a stroke, their first symptom is a stroke. so call today and start with a free health assessment to understand your best plan of action. so why didn't we do this earlier? life line screening. the power of prevention. call now to learn more. your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. >> here again is maria bartiromo with a special edition of morningings with maria. live from france -- >> welcome back good we could morning everybody i'm maria bartiromo coming to you live from the beautiful cannes your top stories 8:31 a.m. on use coast waiting for federal reserve today investors are awaiting end of a two-day federal reserve meeting and a decision on interest rates. a lot of speculation on whether or not the fed is going to cut interest rates either today or later on in the year. fox business will have full coverage of the decision at 2 p.m. today and fed chair news conference happening the 2:30 p.m. eastern live join as we get through markets are a little moving today ahead of the fed decision take a look dow futures right now up 9 points s&p 500 exactly where it closed yesterday. and nasdaq up 6 points european indices are mixed and the u.k. is lower but the others are fractionally better on session. take a look at european inked cease actually turned lower across the board. 100 down 29 points and paris down 3 points and dax index in germany down 25. now, of course, president yesterday signaled more stimulus is on the way asian markets after president trump announced that he did speak xi jinping and meeting at the g20 meet next week and hang seng up 2 and a half% on the session. chairman and ceo of black stone steven will join me live coming up, find out how much he's pledging to oxford, university what had it it could mean for future of artificial intelligence. and then this, brett favre comeback again? really? what the hall of fame quarterback is saying about instagram post that's causing such a buzz in the sports world this morning. all of those stories coming up this wednesday morning but first our top story this half an hour, the big business of football. probably the most important brand out this in terms of garnering premium cost, the nfler gearing up for the upcoming season with preseason games kicking off in august ratings ups last season compared to year earlier joining me right now is the nfl executive vice president, and chief marketing officer, tim ellis great to have you on the show. >> great to be here maria. >> thank you for joining us and i said when you look at football and look at sports for some reason it always commands a higher premium probably the best intellectual property out there why do you think that is? >> well -- it is interesting that had, you know, a few things we have marketing world called dvr proof and live sports is still really dvr proof and if you look at the meaning that people don't want to watch it later they want to watch it when it happens and football is by far the biggest league in the world. so we, you know, we know that it commands the attention of all demographics. and of all parts of the united states, and it just, you know, it seem to defy gravity year after year. >> it really does and it is a great, great brand but when you first came into the job the nfl was not what was being debated. you have the colin kaepernick you know taking a knee. you have concussion all of this stuff going on, you come in and you do a rebranding and i want to talk about that because, obviously, it is working. tell me what's most important to you when you look at the nfl and you want to, you know, put your best foot forward rebrand it because it doesn't matter most established like nfl or up and coming serve dealing with same issues aren't they? >> you know media fragmentation, a proliferation and choice for people to watch, and just so much you can see per day right, and i felt like when i came into the nfl, a little bit began to like let others tell our story and we needed to get back to telling our story in controlling our own narrative and we need to get back to the loving and joy of football which is really why, you know, everybody watches nfl right, they have their favorite teams they have their favorite players. so i really embarked upon strategy which bring people back refocused, and rejuvenate the nfl. in a lot of ways we did that was creating a program and content through the players themselves. you know, the players have such an amazing amount of fans upon individual basis. i think to some degree we have with the nfl, then counting on our own own and operated asset and websites and so forth, and social channels, and that's big we have about 60 million people who pay attention to us. on our social sites right but then i start looking at the players combined fan base, and it was 330 million. right, wiem that. so if you add the legend and you know all of the fans that they have my goodness the entire nfl ecosystem came up to about 750 million people. that's unbelievable. and so you look at the players as influencers. and -- and one thing you saids to me when we were on the phone before this interview you said look people don't connect with logos. they connect with people. >> no they don't connect with low gore go or league but they connect with their clubs, their teams, and their player and they connect with people. so we have a, you know, a bit of disadvantage at the nfl compared to other leagues because they have their hell had mets on right so our audiences actually don't see motion our players they know a handful of our players but for most part they don't see their faces and know who they are as people so rereally embark upon strategy to get this off, and humanizes and personalize these athletes because they have incredible stories to tell they have wonderful live, they're supercool to younger people, and a we knew that we have the chance to really connect in a very, you know, authentic passionate way. >> so fantastic and you did this you did this, and through four pillar you told me got music, fashion, gaming and fitness. tell me about that because that really touches what young people and -- women are talking about and thinking about. >> right. marketing, of course, is today all about data, but at the end of the data tay has to give you human insight that enables you to connect with people so more i dug into data when i first started more i understand that there are basically e threw thingses that are fans really care about is music, fashion, and video games. right, into the sol degree the fourth was fitness naturally say if you're a sports league. so it just so happens that our players care about same things. so why not connect those passion as those passion points and why not find a way to, you know, tell these stories, and to get people engaminged in interested in our players and more, you know, interested, of course, into football. >> how do you do that through music for example how do you do that through game i guess you do gaming. you have lots of partnerships with gaming. >> in fact my former job was that activision in called of guitar hero -- >> to young boys and for seven years right for a decade. >> learning how top engage young people to sol degree take them away from the nfl but now i'm taking them back and the way to do that really is to focus on thing they care about right so there are people -- there are players within our league for example this, incredible athlete -- receiver, he's a wonderful guy, and has all kiengdz of interesting, you know, passion points that he has and hobbies one of them happens to be video games and he had happenses to be the best fortnite player and competitive off the field, and so you know, using as an example when he streams out fortnite that's a way to support connect to all of these other young fans or potential fans who see him playing and who know he's an athlete, in fact, if you watched our commercial for the super bowl, the launch of the hundredth you saw him there and a biggest streamer and influence percent in the world in gaming is guy named ninja so we have actually ninja inside the ad. she's a guy with a purple hair, who served juju in commercial and most people over age of 35 had no idea who he was. >> i love it. but we really wanted to spark discussion and debate at home because people watch the super bowl as a community. as a group. as a family, and so we knew that, you know, younger generation wouldn't know who jim brown was for example, or you know what was the e mechanic lat reception but we knew that guys over age of 35 wouldn't know who this guy ninja was so we put them in there to bridge you know the generations and to get people talking about football. people talking about, you know, their love and their passions of football. >> that's a way to reach out to young people even reach out to women, by the way, without alienating your current crop of supporters and viewers. >> because that the key to brida more professional nfl with a more vitality driven nfl through young people. and to do that in a way to where you're not alienating or making your core audience a feel like you don't care about them, but doing in a way so everyone can join in and be enhanced by experience. >> but you know you can't write this story for these players. they're going live their lives do what they want look at colin kaepernick you know the -- whole issue that he caused and then you've got brett favre this morning this story -- former nfl star, and hall of famer appear to be thinking about coming out of retirement. from this tweet a post on favre eying instagram said he would be coming back for the 2020 season, 49 deleted post telling tmz his sports hacked his account has been hacked so i guess he's not is he coming out of retirement or not? >> i don't know that information if he's coming out of retirement. one did a pretty good job -- so unreally with technology so you've got to control the narrative even though your players might be doing something else you know doing what they want, and posting stuff, and maybe a even get hacked. >> so you know what we try to do is we try to form a partnership with the players. so rather than have somewhat of a tractional relationship with them, we really try to earn their trust to have a partnership based relationship. and that's in essence trying to build their brands so they can be successful. i mean, the average football player is only got about three four years in the league now some them play longer tan that but building their brndz and building positive profile for them is really important. so we do our best to inspire them, to give them the right tools to give them right content to give them the right education so that they can be great on their own, and then in essence help hadding us build the nfl brand. >> really great stuff tim congratulations. we'll be watching, the development that the nfl tim ellis joining us see you soon. coming up next road to 20president trump blasting democrat front runner joe biden now biden is hitting back. stuart varney weighs in on that when we come back and speaking live black stone group steve on his record setting donation to objection university how it would inabout fliewns artificial intelligence research. coming up right here. this is the couple who wanted to get away who used expedia to book the vacation rental that led to the ride ♪ which took them to the place where they discovered that sometimes a little down time can lift you right up. ♪ flights, hotels, cars, activities, vacation rentals. expedia. everything you need to go. expedia. metastatic breast cancer is relentless, but i was relentless first. relentless about learning the first song we ever danced to. about teaching him to put others first. about helping her raise her first child. and when i was first diagnosed, my choice was everyday verzenio. it's the only one of its kind that can be taken every day. it gives us more time without cancer progressing. verzenio is the only cdk4 & 6 inhibitor approved with hormonal therapy that can be taken every day for postmenopausal women with hr+, her2- mbc. diarrhea is common, may be severe, or cause dehydration or infection. before taking verzenio, tell your doctor if you have fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. serious liver problems can occur. symptoms include tiredness, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain, rapid breathing or heart rate, or if you are pregnant, nursing, or plan to be pregnant. common side effects include nausea, infections, low blood cells and platelets, decreased appetite, headache, abdominal pain, tiredness, vomiting, and hair thinning or loss. my relentless reason: it's them. my choice with my doctor: it's verzenio. ask your doctor if everyday verzenio is right for your first treatment. instate-of-the-artn technology makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $359/month for 36 months. experience amazing at your lexus dealer. but how do i know if i'm i'm getting a good deal? i tell truecar my zip and which car i want and truecar shows the range of prices people in my area actually paid for the same car so i know if i'm getting a great price. this is how car buying was always meant to be. this is truecar. welcome back former vpght joe biden hitting president trump on the economy join me right now host of "varney & company" stuart varney to qaig in. i don't know how he does that stew, what's the hit? >> it is laughable so let's put it on the screen with a big smile from everybody when they see this here is the joe biden tweet responding to president trump campaign speechst last night. i read it for you here you golet be clear. president trump enlaterred a growing economy from the obama biden administration now in the process of squandering it okay point number one what president inherited by obama biden was a 1% growth in the economy for the last six months of that administration. and it rapidly became 3% growth i don't know what the vice president is talking about there and the second half he says if now he's in the process of squandering it what? that just made up -- i mean, there's no truth there whatsoever. in what way is the president squandering the economy? when we still have growth, record low unemployment, record number jobs, no inflation, a sky is high consumer confidence is that squandering the economy? i don't know where this guy is coming from but that's cloud that is sheer non utterly wrong. j people do not like to be lied to so you know, we'll see how that plays out. because i think -- we're looking at the same numbers here. [laughter] 51-year low unplimght and stu you have a lot more on it "varney & company" after mornings with maria so join stewart but first we have a special interview coming up. stay with us. plaints against the german auto maker. ♪ because a vision softly creeping ♪ ♪ left its seeds while i was sleeping ♪ ♪ and the vision ♪ that was planted in my brain ♪ ♪ still remains ♪ within the sound of silence ♪ in restless dreams i walked alone ♪ ♪ narrow streets of cobblestone ♪ ♪ when my eyes were stabbed ♪ by the flash of a neon light ♪ ♪ that split the night ♪ and touched the sound of silence ♪ we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. welcome back interest rates once again rock bottom levels we are waiting on federal reserve markets are are waiting for the fed station at 2 p.m. eastern today, now, we were likely not get a cut in rates today, but what the fed signals it in term of what is ahead will move markets. don wrapped with new york this morning, along with cheryl casone and you said john earlier that the feds language is going to be real important but you said probably no cut today. p. well, i say probably no cut, but i wouldn't completely rule it out you know, we have been talking about this all morning the fact that mare owe came out and said what he said yesterday the fact that long-term interest rates are so low the fact that the bond future markets are predicting a cut in july, i think they have to be talking as a fed today about well maybe we should get it over with get this uncertainty out of the way for the markets so it could focus on other things so -- i say a probably not a cut but don't be shocked at what happens. >> what markets would do we were talking about that during commercial break maria about how markets have reacted when john said that to me i almost fell of a my chair but anything is possible and if data is showing to make that kind of decision you don't know but i think that for me i think i'm going to be listening to language in the press kfns from jay powell, obviously, going to get asked about president trump and criticism of him and someone in that room will say mr. powell, the president asked you to resign with you and i'm sure jay powell would say no, why would i? i report to congress. >> president didn't actually say, i'm considering demoting jay powell. let's be clear he was asked will you fire him. and says look what a he does as he also does so i think it is one bridge too far to say that he said -- considering demoting -- not clear that the president said he can do that and reports to congress, and powell said he wouldn't resign if the president does try to move jay powell this could be something is that ends up in the court. you know, what powell is trying to do right now is just tune donald trump out and make the best decision he can make on the merits of what is happening in the economy and what is whatting in the markets and the markets are telling himg cut rates which is why you can't dismiss a possibility of a rate cut today probably won't happen but don't be shocked if it does. >> clarify that there was bloomberg that put that report out earlier this year and remark, though, to you. >> yeah, no you're right it was bloomberg speculating about that. but president did not say that. i'm wondering would this be inflation issue? or would this be a slowdown issue? because you look at these numbers you have a 51-year low unemployment you have 3.1% growth in first quarter i know we have weakness in manufacturing part of the economy jon and we'll get more pmi out of friday actually and next week you've got more manufacturing data to come out but pretty much the economy is going well so it just to that, if they were to cut because they want to get to their inflation target? >> yeah, so what has happened on inflation and what could happen on economy so on inflation they failed to reach their 2% target so you know there's an incentive for them to cut rate to get inflation high but there's rick that growth is slowing down, we have seen some soft indicators we have a soft jobs report. and so the global growth is slowing so they might want to get in front of the possibility it have that happening. i frankly don't think there's going to be a resolution to trade concerns for a while so again, you know, you could argue that there's reasons for them to just get out in front of these uncertainties. and go do something right away. >> well we'll see about that. tariffs are certainly a big story and the president really put that to rest yesterday cheryl when he said look we are going to meet at the g20 next week but this is happening sooner and we will get some clarity on that china deal. >> of course you saw what markets did yesterday, with that news came out now we're looking at g20 to your point also kind of where we're at with mexico and right now, it seems like both trade agreements are in a good place whether it is mexico or it is china g20 market move and this statement and the press conference today could definitely be more market movement. >> yeah. so question of to get nancy pelosi to bring the u.s. mc down to the floor, john. >> you have my colleague jerry baker on earlier and i think he made a good point about this g20 meeting. you know, the talk as with china have stalled it looks like you know what qhakd happen is they get them going again but chance of getting everything resolved in all of this paperwork done at the g20 looks pretty remote so the best news i think at the g20 is they keep talking. somebody is play music on their yacht right now behind me. we have to figure out what this is,let take you to a break fox business will have -- i think it might be maria maria -- maria, maria -- with the decision full coverage of the decision from the fed at 2:00 p.m. chairman powell news conference at 2:30 we'll be right back. [laughter] maria: it has been an incredible week here in cannes. the biggest week for advertising and marketing of the year. there's the beautiful shots of where we are situated right here. thanks for joining us. cheryl, john, see you soon, guys. >> loved it. loved every minute. >> we miss you. maria: have a great day. see you back at the ranch. "varney & company" begins right now. stuart: the ranch? is that what my studio is called? maria: the ranch is our headquarters. our headquarters. fox business headquarters. stuart: good morning to you, anyway. good morning, everyone. whoa. that was some rally last night as the president kicked off his 2020 campaign. huge, enthusiastic crowd. we are going to play you the highlights in just a moment but to me, forgive me for editorializing here but to me the defining line was this. i'm quoting. our political opponents look down with hat

Related Keywords

New York , United States , Japan , Shanghai , China , Hong Kong , Paris , France General , France , North Carolina , Iran , Washington , Vermont , Brazil , Florida , Beijing , Whitehouse , District Of Columbia , Togo , Guatemala , Canada , Haiti , Connecticut , Germany , Mexico , New Jersey , Iowa , Sweden , America , Chinese , American , Erica Badu , Joe Biden , Sarah Sanders , Tim Ellis , Lauren , Maria Santana , Jared Max , Clu Bernard Arnold , Stuart Varney , Rick Scott , Bernie Sanders , Jay Powell , Brett Favre , Mario Draghi , Liberty , Jeff Bezos , Notre Dame , Steven Schwarzman , Jerry Baker , Obama Biden , Connell Mcshane , Maria Bartiromo , Brett Favre Maria , Ann Mcclain , William Barr , Truecar Maria , David Marcus , Annie Mcclain , Kristina Cook , Adam Sandler , Doug Collins , Andrew Napolitano , Sanders Maria , Hillary Clinton ,